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Wood Products

Canfor completes acquisition of Elliott Sawmilling

Canfor Corporation completed the purchase of Elliott Sawmilling Company Inc. on May 31, 2020.     Elliott Sawmilling [...]

Chinese timber importers face additional cost pressure from Chinese currency devaluation against US dollar

On May 28, the People ’s Bank of China authorized the China Foreign Exchange Trading Center to announce that the [...]

Wood pellet sector in US well-positioned for the post-pandemic period

The wood pellet sector in US has many advantages that other sectors might envy as they, too, navigate business during [...]

Indonesia to revoke ending legality license for wood exports

The Indonesian government has backed down from a decision to scrap its timber legality verification process for wood export, amid [...]

North American softwood lumber prices continue upward trend at the end of May

Given the current situation in many regions of the US, it is assured that demand for plywood and other panel [...]

Lumber prices see surprise win as Americans renovate homes

Lumber futures are heading for their second-straight monthly gain at a time when gloom from the coronavirus pandemic was [...]

Conifex announces further extension of COVID-19 curtailment

With the COVID-19 pandemic continuing to negatively impact global demand for forest products, Conifex Timber Inc., has announced that [...]

Vancouver to allow 12-storey wood buildings

The City of Vancouver Council has approved by-law amendments allowing mass timber construction up to 12 storeys for residential [...]

New investigation finds European companies taking advantage of loophole to imports teak

   A new investigation has uncovered a scheme exploiting a loophole in the European Union Timber Regulation (EUTR) that [...]